For how long is an airport operator bound by the restrictions of the grant agreement if federal airport development funds are accepted?

When an airport operator accepts federal airport development funds, they enter into a grant agreement that includes certain obligations and restrictions. Under the FAA regulations, these agreements typically require airport operators to comply with certain conditions for a period of 20 years. This is to ensure that the federal investment in the airport infrastructure is protected and that the facility continues to operate in a manner that supports national air transportation policy.

These obligations might include maintaining the standards of safety, securing fair and equitable access to the airport for all users, and adhering to federal guidelines regarding airport expansion and improvements. The 20-year timeframe reflects a balance between providing adequate time for the airport to benefit from the investment and ensuring that the federal government has a reasonable period to monitor compliance with the terms of the agreement.

This contrasts with the other durations mentioned, which do not align with the standard practices established by the FAA regarding funding and the accompanying agreements. Thus, the 20-year commitment is a critical aspect of airport governance and federal assistance in aviation development.